Looking At Booking Holdings's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Booking Holdings (NASDAQ:BKNG), with a majority of investors taking a bearish stance. The targeted price range for the company over the last three months has been between $2340.0 and $3600.0. The current price of BKNG is down by 1.2% at $3135.4. Tigress Financial and Morgan Stanley have maintained their 'Strong Buy' and 'Equal-Weight' ratings respectively, with price targets of $3855 and $3000.
September 13, 2023 | 3:00 pm
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Booking Holdings has seen unusual options activity, with a majority of investors taking a bearish stance. The company's stock price is currently down by 1.2%.
The bearish stance taken by a majority of investors in the options market could potentially drive the stock price down in the short term. The current price is already down by 1.2%, indicating a negative sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100